Gold And Silver Fall, Big Banks Rise As Democrats Gain Super Majority In Congress (10Y Treasury Note Yield Rises Above 1%)

by confoundedinterest17

Just like 2009 when Obama was elected President and the Democrats had a super majority in Congress.

Gold and silver fell as Democrats took the lead in the two Senate elections, and big banks rose.

Even tech-heavy NASDAQ fell on the prospect of a Democrat super majority in Congress.

Meanwhile, the US Treasury 10Y yield broke through the 1% barrier.

UPDATE as of 11:30 AM EST with 10 year Treasury Note price (green)